banking jobs in UAE | Dubai Islamic Bank careers

Dubai Islamic Bank announced, through its Linkedin account, a bank job in UAE (Assistant Manager Sharia Compliance) according to the following:

• Job is a Regulatory Position to Supervise the Continuous monitoring of DIB’s businesses and activities’ compliance with resolutions, fatwas, regulations and standards issued by ISSC and CBUAE-HSA.
• To assist in ensuring compliance with Sharia Governance Framework, U.A.E. law No 14 of 2018, ISSC resolutions, AAOIFI Sharia Standards (to the extent enforced), other Sharia standard (enforce by the CBUAE – HSA) and other relevant regulatory guidelines for Islamic banking.
• To assist in monitoring the Regulatory requirements to ensure reviewing of all existing documents, contracts, products, manuals, marketing material, policies & procedures, processes, and all other documents from Sharia aspects.
• To assist in conducting the continuous monitoring of DIB’s businesses and activities’ compliance with resolutions, fatwas, regulations and standards issued by the CBUAE-HSA.
• To assist in ensuring that the Sharia compliance review on overall DIB activities and Sharia non-compliance observations are timely communicated to DIB Senior Management, ISSC, Board Committee and ensure that the most significant issues are regularized by respective action responsible.
• Recommend the remedial actions and appropriate changes on the existing Controls mitigates Sharia non-compliance risks on overall DIB Group Businesses and Activities in order to improve the effectiveness on the existing control design.
• To assist in preparing Sharia compliance report related all technical Sharia Compliance Status and matters across DIB Group.
• To assist in submitting a regulatory Sharia Compliance Reports to the ISSC Committee, Board Committees, GCEO, DIB Senior Management (where required) on regular basis.
• To work for promoting and cultivating Sharia compliance culture in the Bank. Improve the Sharia Compliance staff awareness across DIB Group.
• To ensure that DIB maintain an acceptable levels of Sharia Compliance awareness through regular i.e. (enroll the staff to a Sharia Training, Survey, assessments) and assess the staff awareness in relation to knowledge and skill required to fulfill their job adequately. Determine the type of knowledge needed for performing role depending on the nature of their responsibilities.
• To Ensure that the Bank has and integration Sharia Governance Framework i.e. (Sharia non-compliance risk, Sharia compliance function’s, Effective Controls) within the overall Bank (Businesses, activities, Policies, Processes, Documents) Framework. With a regular efficient Internal Control assessment.
• All the above responsibilities are in addition to any additional/new tasks or responsibilities assigned by the Head of Sharia compliance and Head of Internal Sharia control department.
• Bachelor Degree in economics, accounting, banking or finance, with knowledge in Sharia and law; or Bachelor Degree in Sharia, with knowledge in law, economics, accounting, banking or finance.
• Minimum 4 years’ experience in a Sharia Department of an IFI in a relevant role, in case of holding a Master’s degree in in Sharia, economics, accounting, banking or finance. or
• Minimum 5 years’ experience in a Sharia Department of an IFI in a relevant role.

To know more details about the vacancy and how to apply kindly check the link below: